498 GLADSTONE AVENUE - Photo 1 of 31, Ottawa, Ontario
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$819,900

498 GLADSTONE AVENUE — Ottawa, Ontario

K1R5N8

4Beds
2Baths
4Parking

Listed by ROYAL LEPAGE TEAM REALTY

About This Property

Positioned on a high-visibility corner in the heart of downtown Ottawa, this fully vacant duplex offers a rare & flexible opportunity in one of the city's most connected, walkable & rapidly evolving neighbourhoods. Featuring two 2-bed units, along with four on-site parking spaces, the property provides immediate options for investors, developers, or owner-occupiers, with strong potential for redevelopment. Set on a northwest-facing corner lot the property benefits from Traditional Mainstreet zoning [TM14 H(17)], allowing for a variety of residential or mixed-use possibilities. This zoning supports everything from low- to mid-rise residential & boutique multi-unit projects to commercial space with residential above, making it well suited for thoughtful growth in line with the City's long-term vision. Full municipal services are already in place, offering a smooth path for both current use & future plans. A rare advantage in this urban setting is the four owned off-street parking spaces with access from Lyon Street, adding everyday convenience & long-term value. The corner lot layout also allows for flexible, efficient building design & strong street presence. The location truly sets this property apart. With Walk Scores in the mid to high 90s, everyday amenities such as groceries, cafés, restaurants, parks, boutiques & essential services are just steps away. The property is well served by multiple OC Transpo routes & is moments from Lyon LRT Station, providing quick access to downtown, major employment centres & the wider city. Surrounded by ongoing & future development, this central location continues to benefit from strong demand & long-term growth. Whether you're looking for a duplex with immediate potential, a smart land holding, or a prime infill opportunity, this is a compelling chance to secure a highly visible corner property in Ottawa's urban core. (id:63357)

Property Details

Property Type
Multi-Unit
Bedrooms
4
Bathrooms
2
Stories
2.0
Status
Active

Location & Neighborhood

What's nearby 498 GLADSTONE AVENUE

Lifestyle Summary

** Living at 498 Gladstone Avenue means immersing yourself in a dynamic, family-friendly community that balances urban life with a welcoming neighborhood vibe. With excellent schools, convenient transit, and a rich array of dining options right at your fingertips, this location caters to all lifestyles. Whether you’re a young professional, a family, or a retiree, you'll find a warm and engaging atmosphere that invites you to explore and connect. This is more than just a home; it's a lifestyle filled with opportunities to enjoy everything this vibrant neighborhood has to offer.

🏘️Neighborhood Vibe

** 498 Gladstone Avenue is nestled in a vibrant, eclectic neighborhood that boasts a rich mix of urban charm and community spirit. With tree-lined streets and an array of historic homes, residents enjoy a lively atmosphere filled with local artisans and friendly neighbors. This area is perfect for those who appreciate a blend of culture, creativity, and convenience. **COMMUTER_SUMMARY:** Transportation options are plentiful, with multiple bus stops just a stone's throw away, ensuring easy access to downtown Ottawa and beyond. The Gladstone and Lyon intersection is particularly handy, with frequent service that makes commuting a breeze. Whether you're heading to work or exploring the city, the efficient transit options here make getting around a hassle-free experience. **FAMILY_SUMMARY:** Families will find 498 Gladstone Avenue an ideal location, with several reputable schools within walking distance, including Centretown Parents' Day Care and Glashan Public School. The neighborhood fosters a strong sense of community, providing a nurturing environment for children to grow and thrive. Nearby parks offer safe spaces for play and recreation, making it a perfect place to raise a family. **DINING_ENTERTAINMENT:** Food lovers will rejoice in the diverse dining scene just minutes from your doorstep. From cozy cafes like Real Fruit Bubble Tea to renowned restaurants such as The Whalesbone and Fauna, there’s something to satisfy every palate. Whether you’re in the mood for casual dining or a special night out, this neighborhood offers a delectable range of options. **OUTDOOR_RECREATION:** Nature enthusiasts will appreciate the abundance of nearby parks, including Arlington Park and Dundonald Park, perfect for leisurely strolls, picnics, or children’s play. McNabb Park and Glebe Memorial Park also provide ample green space for outdoor activities, sports, and community events. Living here means you can easily enjoy the outdoors while still being close to the urban conveniences you love. **OVERALL_LIFESTYLE:** Living at 498 Gladstone Avenue means immersing yourself in a dynamic, family-friendly community that balances urban life with a welcoming neighborhood vibe. With excellent schools, convenient transit, and a rich array of dining options right at your fingertips, this location caters to all lifestyles. Whether you’re a young professional, a family, or a retiree, you'll find a warm and engaging atmosphere that invites you to explore and connect. This is more than just a home; it's a lifestyle filled with opportunities to enjoy everything this vibrant neighborhood has to offer.

🚗Commuting

** Transportation options are plentiful, with multiple bus stops just a stone's throw away, ensuring easy access to downtown Ottawa and beyond. The Gladstone and Lyon intersection is particularly handy, with frequent service that makes commuting a breeze. Whether you're heading to work or exploring the city, the efficient transit options here make getting around a hassle-free experience. **FAMILY_SUMMARY:** Families will find 498 Gladstone Avenue an ideal location, with several reputable schools within walking distance, including Centretown Parents' Day Care and Glashan Public School. The neighborhood fosters a strong sense of community, providing a nurturing environment for children to grow and thrive. Nearby parks offer safe spaces for play and recreation, making it a perfect place to raise a family. **DINING_ENTERTAINMENT:** Food lovers will rejoice in the diverse dining scene just minutes from your doorstep. From cozy cafes like Real Fruit Bubble Tea to renowned restaurants such as The Whalesbone and Fauna, there’s something to satisfy every palate. Whether you’re in the mood for casual dining or a special night out, this neighborhood offers a delectable range of options. **OUTDOOR_RECREATION:** Nature enthusiasts will appreciate the abundance of nearby parks, including Arlington Park and Dundonald Park, perfect for leisurely strolls, picnics, or children’s play. McNabb Park and Glebe Memorial Park also provide ample green space for outdoor activities, sports, and community events. Living here means you can easily enjoy the outdoors while still being close to the urban conveniences you love. **OVERALL_LIFESTYLE:** Living at 498 Gladstone Avenue means immersing yourself in a dynamic, family-friendly community that balances urban life with a welcoming neighborhood vibe. With excellent schools, convenient transit, and a rich array of dining options right at your fingertips, this location caters to all lifestyles. Whether you’re a young professional, a family, or a retiree, you'll find a warm and engaging atmosphere that invites you to explore and connect. This is more than just a home; it's a lifestyle filled with opportunities to enjoy everything this vibrant neighborhood has to offer.

👨‍👩‍👧‍👦Family Living

** Families will find 498 Gladstone Avenue an ideal location, with several reputable schools within walking distance, including Centretown Parents' Day Care and Glashan Public School. The neighborhood fosters a strong sense of community, providing a nurturing environment for children to grow and thrive. Nearby parks offer safe spaces for play and recreation, making it a perfect place to raise a family. **DINING_ENTERTAINMENT:** Food lovers will rejoice in the diverse dining scene just minutes from your doorstep. From cozy cafes like Real Fruit Bubble Tea to renowned restaurants such as The Whalesbone and Fauna, there’s something to satisfy every palate. Whether you’re in the mood for casual dining or a special night out, this neighborhood offers a delectable range of options. **OUTDOOR_RECREATION:** Nature enthusiasts will appreciate the abundance of nearby parks, including Arlington Park and Dundonald Park, perfect for leisurely strolls, picnics, or children’s play. McNabb Park and Glebe Memorial Park also provide ample green space for outdoor activities, sports, and community events. Living here means you can easily enjoy the outdoors while still being close to the urban conveniences you love. **OVERALL_LIFESTYLE:** Living at 498 Gladstone Avenue means immersing yourself in a dynamic, family-friendly community that balances urban life with a welcoming neighborhood vibe. With excellent schools, convenient transit, and a rich array of dining options right at your fingertips, this location caters to all lifestyles. Whether you’re a young professional, a family, or a retiree, you'll find a warm and engaging atmosphere that invites you to explore and connect. This is more than just a home; it's a lifestyle filled with opportunities to enjoy everything this vibrant neighborhood has to offer.

🍽️Dining & Entertainment

** Food lovers will rejoice in the diverse dining scene just minutes from your doorstep. From cozy cafes like Real Fruit Bubble Tea to renowned restaurants such as The Whalesbone and Fauna, there’s something to satisfy every palate. Whether you’re in the mood for casual dining or a special night out, this neighborhood offers a delectable range of options. **OUTDOOR_RECREATION:** Nature enthusiasts will appreciate the abundance of nearby parks, including Arlington Park and Dundonald Park, perfect for leisurely strolls, picnics, or children’s play. McNabb Park and Glebe Memorial Park also provide ample green space for outdoor activities, sports, and community events. Living here means you can easily enjoy the outdoors while still being close to the urban conveniences you love. **OVERALL_LIFESTYLE:** Living at 498 Gladstone Avenue means immersing yourself in a dynamic, family-friendly community that balances urban life with a welcoming neighborhood vibe. With excellent schools, convenient transit, and a rich array of dining options right at your fingertips, this location caters to all lifestyles. Whether you’re a young professional, a family, or a retiree, you'll find a warm and engaging atmosphere that invites you to explore and connect. This is more than just a home; it's a lifestyle filled with opportunities to enjoy everything this vibrant neighborhood has to offer.

🌳Outdoor Recreation

** Nature enthusiasts will appreciate the abundance of nearby parks, including Arlington Park and Dundonald Park, perfect for leisurely strolls, picnics, or children’s play. McNabb Park and Glebe Memorial Park also provide ample green space for outdoor activities, sports, and community events. Living here means you can easily enjoy the outdoors while still being close to the urban conveniences you love. **OVERALL_LIFESTYLE:** Living at 498 Gladstone Avenue means immersing yourself in a dynamic, family-friendly community that balances urban life with a welcoming neighborhood vibe. With excellent schools, convenient transit, and a rich array of dining options right at your fingertips, this location caters to all lifestyles. Whether you’re a young professional, a family, or a retiree, you'll find a warm and engaging atmosphere that invites you to explore and connect. This is more than just a home; it's a lifestyle filled with opportunities to enjoy everything this vibrant neighborhood has to offer.

Nearby Schools

Parks & Recreation

Transit Access

Local Amenities

Dining

Coffee & Cafes

POI data updated recently

Ottawa Market Snapshot

3,024

Active Listings

$665K

Median Price

0

Avg Days on Market

Last updated: Jan 5, 2026

Listed by

ROYAL LEPAGE TEAM REALTY

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$819,900